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Nigeria Seeks Increased Trade With US

By Timothy Choji, Abuja

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President Muhammadu Buhari has described the United States as Nigeria’s main trading partner and one of ‘its most important diplomatic partners.’

President Buhari underscored the need for concerted efforts to increase the volume of bilateral trade.

The President spoke at a meeting with the Business Council for International Understanding, BCIU at the Nigeria International Economic Partnership Forum, held on the margins of the 77th UN General Assembly in New York, on Thursday.

He told the gathering that in 2020, Nigeria exported over $1.69 billion worth of goods to the US, adding that these exports were primarily made up of crude oil and other petroleum products.

President Buhari said; ”Nigeria’s capability is not just limited to the oil and gas industry, but a variety of other sectors that hold notable potentials.

”We are the largest economy in Africa and have over 200 million-strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture, healthcare, light manufacturing, infrastructure development and technology.”

 

Mercy Chukwudiebere

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